Advance Auto Parts FY2026 EPS Guidance Misses Consensus

Advance Auto Parts posted Q1 adjusted EPS $0.77, beating consensus $0.43, and revenue $2.6B slightly above estimates.
Comparable store sales rose 3.5%, the strongest in five years, with mid-single-digit growth in professional installer segment.
FY2026 adjusted EPS outlook $2.40-$3.10 (midpoint $2.75) fell short of $2.80 consensus, dragging shares down 5.8%.
Company declared $0.25 quarterly dividend, expects 1-2% store-sales growth FY2026 and plans 40-45 new stores.